High Rental Yield Investment Properties for Sale in Manhattan, KS
72- 6 Bed
- 4 Bath
- - sft
72- 6 Bed
- 4 Bath
- - sft
72- 6 Bed
- 4 Bath
- - sft
72- 6 Bed
- 4 Bath
- - sft
Why Invest in Manhattan, Kansas?
Manhattan, KS offers some of the highest rental yields in Kansas, making it ideal for investors targeting strong cash flow from rentals. Properties in the $250,000-$300,000 range deliver gross yields of 7-12%, outperforming national averages. Driven by Kansas State University and Fort Riley demand, renter occupancy remains robust at around 50-60%. Annual appreciation of 4-5% adds long-term value, while average rents near $1,600 for 3-beds support cap rates of 6-8%. Low vacancy and steady job growth enhance investment stability here.
Frequently Asked Questions
High rental yields of 7-12% are common, especially for properties under $300k near KSU or Fort Riley. Strong demand from renters keeps cash flow positive. These outperform national averages per market analyses.
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